fund manager mandated by the foen: · fund manager mandated by the foen: the technology fund...
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www.technologyfund.ch
Fund manager mandated by the FOEN:
www.technologyfund.ch
Fund manager mandated by the FOEN:
07.04.20152
CO2 Act as basis for reduction measures
Swiss climate policy
Target: reduction of the domestic greenhouse gas emissionsof at least 20% until 2020 compared to 1990
Reduction measures:
Emissions trading especially for large
CO2-intense companies
CO2 levy: incentive fee on fossil
thermal fuels
CO2 emissionscompensation
CO2 emissions regulations for passenger cars
www.technologyfund.ch
Fund manager mandated by the FOEN:
The technology fund provides loan guarantees in an amount of up to CHF 3 million to innovative small and medium entities (SME) whose products contribute to the mitigation of climate change.
Offer
4/7/20153
www.technologyfund.ch
Fund manager mandated by the FOEN:
4/7/20154
Climate protection as overall goal
Eligible technologies
Important:Positive impact on greenhouse gas balance
Reduction of greenhouse gas emissions
Efficient utilization of electrical energy
Promotion of renewable energies
Conservation of natural resources
www.technologyfund.ch
Fund manager mandated by the FOEN:
ProductLoan guarantee(joint simple guarantee)
LendersBanks and other suitable lenders domiciled in Switzerland
CoverLimitation of the guarantee to a portion of the total financing, generally 60 %, but up to 100% of the loan.
FeesPreliminary check is free of charge CHF 1’000 at submission of application plus CHF 2’000 following a positive decision.In addition 0.9% of the guaranteed amount annually.
Scope and durationCHF 50’000 to CHF 3 million and a maximum of 10 years.
Fund sizeCurrently CHF 150 million (guaranteed credit) which can be increased to a maximum of CHF 500 million.
4/7/20155
Loan guarantees of up to CHF 3 million
Conditions
www.technologyfund.ch
Fund manager mandated by the FOEN:
4/7/20156
Fund managed by external agency
Organization
NominationFinal decision
Borrower (applicant)
Agency(Emerald with South Pole Group)
Guarantee Committee
Swiss Confederation Implementation by the Federal Office for the Environment FOEN
Application
Request
Assurance
Interest
Loan
GuaranteeFees
Lender, e.g. Bank
www.technologyfund.ch
Fund manager mandated by the FOEN:
The technology or product falls within the target areas and is innovative. The product offers a sizeable market opportunity.
The project is not feasible without the guarantee.
The applicant is creditworthy.
Both the applicant and the lender are domiciled in Switzerland.
For a list of the most important criteria please refer to the preliminary check at www.technologyfund.ch
4/7/20157
Innovative SME with market opportunities
Targeted companies
www.technologyfund.ch
Fund manager mandated by the FOEN:
4/7/20158
Information, preliminary check and application
www.technologyfund.ch
www.technologyfund.ch
Fund manager mandated by the FOEN:
4/7/20159
Staged Due Diligence; Decision by guarantee committee
Procedure
Preliminary check and application
form
Pre-selectionDue Diligence
LightDue Diligence
Application to the Guarantee
commiteeeDecision
Preliminary check and application formQueries regarding the most important criteria (for free).
Preselection / Due Diligence light A review of the eligibility of the technology and the applicant’s creditworthiness.
Due DiligenceThe applicant’s management presentation and a thorough review of its legal and financial situation.
Positive decision The applicant receives a confirmation for a guarantee. A loan agreement and a guarantee agreement are then concluded. Quarterly monitoring.
Negative decisionPossible at any time in the application process if the eligibility or creditworthiness criteria are not met. The applicant receives written notification.
www.technologyfund.ch
Fund manager mandated by the FOEN:
Research and Development
Applied research
Lab-scale prototype
Market-ready prototype
Certification and initial
sales
Scale-up and export
4/7/201510
Technology Fund for commercialization phase
Life cycle
Focus of Technology Fund
Swiss Innovation Promotion Agency (KTI)https://www.kti.admin.ch/kti/en/home.html
Environmental technology promotion (FOEN)http://www.bafu.admin.ch/innovation/index.html?lang=en
Pilot and demonstration projects (P+D, SFOE)Lighthouse projects (SFOE)ProKilowatt«energie schweiz»
www.technologyfund.ch
Fund manager mandated by the FOEN:
4/7/201511
Eligible technologies in more detail
Annex
www.technologyfund.ch
Fund manager mandated by the FOEN:
Reduction of greenhouse gas emissions
4/7/201512
Examples for eligible technologies/products:
Current production out of fossil fuels : micro turbines, Stirling engines, steam engines, Carbon Capture and Storage (CCS)
Heater, Ventilation, Air Conditioning (HVAC): Combined heat and power, improved conventional, fossil heating equipment, heat pumps, improved HVAC solutions
Mobility: infrastructure and logistics for electric vehicles, logistics solutions (such as rail traffic), bikes and e-bikes, car-pooling and related services, vehicles of lightweight construction, combustion engines, cleaning of waste gas
Smart Buildings: building insulation, smart windows
Energy retrieval: waste energy (waste-to-energy), waste heat recovery
www.technologyfund.ch
Fund manager mandated by the FOEN:
Efficient utilizationof electrical energy
4/7/201513
Examples for eligible technologies/products:
Smart Buildings: Home Energy Management, LED’s, innovative illuminating
Smart Grid: Components and software for the supervision, regulation and managment of the grid, integration of renewable energy
Energy storage: Stationary batteries, systems of batterie management, hydrogen storage
Current transformation: inverters, electrical motors, components for electric hybrid vehicles, fuel cells
www.technologyfund.ch
Fund manager mandated by the FOEN:
Promotion of renewable energies
4/7/201514
Examples for eligible technologies/products:
Solar Photovoltaic, solar thermal (systems, maintenance, optimization)
Bio-energy Bioethanol, biogas, pellets
Hydro Small hydro
Wind Wind turbines (systems, maintenance, optimization)
Geothermal Combined heat and power, Heat pumps
www.technologyfund.ch
Fund manager mandated by the FOEN:
Conservation of natural resources
4/7/201515
Examples for eligible technologies/products:
Industrial products / production processes: Innovations for lower usage of primary materials (e.g., building materials, «green cement»), avoidance or reduction of harmful emissions (e.g., alternatives for solvents, CFC-free refrigerators, exhaust gas filters), improved process efficiency (e.g., lean manufacturing)
Recycling: Processes for recycling and refining of resources, cradle-to-cradle design, raw material management
Agriculture and forestry: Reduction of fertilizer use, fertilizer-/crop rotation management, improvement of soil, intelligent watering, plant-health management, urban farming, sustainable agriculture and forestry, forestation